Mergers by Year
Bank Mergers in 2019
236 banks were acquired or merged into another institution in 2019, and 141 credit unions merged, according to the Federal Reserve's National Information Center (NIC). NIC recorded 547 merger records in 2019 against 643 in 2018.
Largest bank mergers of 2019
Ranked by the acquired bank's total assets at its last call report before the effective date.
| Effective | Acquired bank | Assets | Acquirer |
|---|---|---|---|
| Dec 31, 2019 | Bank of Commerce | — | Carson Community Bank |
| Dec 31, 2019 | Scotiabank de Puerto Rico | — | Oriental Bank |
| Dec 31, 2019 | Transcapital Bank | — | Power Financial Credit Union |
| Dec 18, 2019 | Farmers State Bank of Danforth | — | First Trust Bank of Illinois |
| Dec 15, 2019 | Virginia Community Bank | — | Blue Ridge Bank, N.A. |
| Dec 10, 2019 | First Covenant Bank | — | First Century Bank, N.A. |
| Dec 9, 2019 | Commercial State Bank | — | Georgia Community Bank |
| Dec 7, 2019 | Suntrust Bank | — | Truist Bank |
| Dec 7, 2019 | First Trust & Savings Bank of Albany, Illinois | — | Morton Community Bank |
| Dec 7, 2019 | BankLiberty | — | Central Bank of the Midwest |
| Dec 5, 2019 | Security Home Bank | — | Cornerstone Bank |
| Dec 2, 2019 | First State Bank of Colfax | — | Bank Iowa |
| Dec 2, 2019 | First State Bank of Ashby | — | Viking Bank, N.A. |
| Dec 1, 2019 | Oritani Bank | — | Valley National Bank |
| Dec 1, 2019 | Rockford Bank and Trust Company | — | Illinois Bank & Trust |
Credit union mergers in 2019
141 credit unions merged into another institution. NCUA 5300 asset figures are not loaded for 2019.
Every merger recorded in 2019
547 NIC merger records in 2019 involve a bank, credit union or bank holding company on at least one side, newest first.
| Date | Acquired institution | Acquirer |
|---|---|---|
| Sep 1, 2019 | Van Alstyne Financial Corporation | Cadence Bank |
| Sep 1, 2019 | Heritage Bancorporation, Inc. | Heritage Southeast Bancorporation, Inc. |
| Sep 1, 2019 | Shelby Community Federal Credit Union | 1st Liberty Federal Credit Union |
| Sep 1, 2019 | Rabobank, N.A. | Mechanics Bank |
| Sep 1, 2019 | The Heritage Bank | Heritage Southeast Bank |
| Sep 1, 2019 | Grace Congregational Church Federal Credit Union | Neighborhood Trust Federal Credit Union |
| Sep 1, 2019 | Monroe Education Employees Federal Credit Union | Gulf Winds Credit Union |
| Sep 1, 2019 | Monroe Bank & Trust | First Merchants Bank |
| Sep 1, 2019 | Danbury Cyanamid Employees Credit Union | Cornerstone Federal Credit Union |
| Sep 1, 2019 | Texas Star Bank | Cadence Bank |
| Aug 31, 2019 | New Valley Central Bank | Valley Central Bank |
| Aug 31, 2019 | Northside Bancshares, Inc. | First Chatsworth Bankshares, Inc. |
| Aug 31, 2019 | Northside Bank | First National Community Bank |
| Aug 31, 2019 | Champaign Postal Credit Union | University of Illinois Community Credit Union |
| Aug 31, 2019 | Cross Roads Credit Union | United Consumers Credit Union |
| Aug 31, 2019 | School District 162/163 Employees Federal Credit Union | Illiana Financial Credit Union |
| Aug 31, 2019 | Cosmopolitan Federal Credit Union | Israel Methcomm Federal Credit Union |
| Aug 31, 2019 | Hanesbrands Credit Union | Members Credit Union |
| Aug 31, 2019 | Village Credit Union | Collins Community Credit Union |
| Aug 30, 2019 | Farmers and Merchants State Bank of Neola, Iowa | Midstates Bank, N.A. |
| Aug 27, 2019 | MB Financial, Inc. | Fifth Third Bancorp |
| Aug 24, 2019 | The Nicollet County Bank of Saint Peter | Pioneer Bank |
| Aug 17, 2019 | State Bank | Fidelity Bank & Trust |
| Aug 17, 2019 | Farmers and Merchants State Bank of Sacred Heart | Citizens Alliance Bank |
| Aug 17, 2019 | First Minnesota Bank | Cortrust Bank N.A. |
| Aug 15, 2019 | HarborOne Mutual Bancshares | HarborOne Bancorp, Inc. |
| Aug 12, 2019 | Antioch M B Federal Credit Union | 1st Midamerica Credit Union |
| Aug 10, 2019 | The Lyons State Bank | Peoples Bank and Trust Company |
| Aug 10, 2019 | Chinatown Federal Savings Bank | Hanover Community Bank |
| Aug 7, 2019 | Kirkwood Bancorporation of Nevada, Inc. | JBNV Holding Corp |
| Aug 6, 2019 | Summit Bank of Kansas City | Citizens Bank and Trust Company |
| Aug 3, 2019 | Citizens State Bank | Vystar Credit Union |
| Aug 1, 2019 | Metro North Federal Credit Union | Michigan United Credit Union |
| Aug 1, 2019 | Heritage Bancorp | Glacier Bancorp, Inc. |
| Aug 1, 2019 | Advantage Bank | First National Bank |
| Aug 1, 2019 | Primesouth Bancshares, Inc. | CBS BANC-CORP. |
| Aug 1, 2019 | Graff Family, Inc. | MNB Financial Services, Inc. |
| Aug 1, 2019 | TCF Financial Corporation | TCF Financial Corporation |
| Aug 1, 2019 | Heritage Bank of Nevada | Glacier Bank |
| Aug 1, 2019 | MNB Financial Group, Inc. | MNB Financial Services, Inc. |
| Aug 1, 2019 | First Newton Bankshares, Inc. | INTRUST Financial Corporation |
| Aug 1, 2019 | Oak Point Employees Credit Union | Instep Federal Credit Union |
| Aug 1, 2019 | Inspirus Credit Union | Gesa Credit Union |
| Aug 1, 2019 | Chemical Bank | TCF National Bank |
| Aug 1, 2019 | Federal Mogul Employees Federal Credit Union | Community Choice Credit Union |
| Aug 1, 2019 | PrimeSouth Bank | CB&S Bank, Inc. |
| Aug 1, 2019 | Holy Rosary Church Federal Credit Union | Corner Post Federal Credit Union |
| Aug 1, 2019 | North Side Community Federal Credit Union | Great Lakes Credit Union |
| Jul 29, 2019 | Pacoima Development Federal Credit Union | Gain Federal Credit Union |
| Jul 27, 2019 | Hopfed Bancorp, Inc. | First Financial Corporation |
Bank mergers by year
Source: Federal Reserve National Information Center (NIC) transformations, type "merger". A record counts when a bank, credit union or bank holding company is on at least one side. NIC also logs internal consolidations, such as a subsidiary bank folded into a sister bank, so a record is not always an arm's-length deal. Asset figures come from FFIEC call reports (banks) and NCUA 5300 call reports (credit unions). Credit union mergers appear in the NIC records from 2013 on.
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